FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 10

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 10 Exchange rate was 1.3367 down 0.0025 Chicago soybeans closed narrowly mixed. JUL20 HI 8.69 1/4 NOV20 HI 8.80 3/4 LOW 8.63 LOW 8.75 CLOSE8.65 1/2 Up 2 1/4 CLOSE 8.77 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL20+AUG20+NOV20 CK Low 2.57 11.23 412.45 2.37 11.14 409.32 CK High 2.65 11.31 415.39 2.40 11.17 410.43 CK Average 2.60 -0.23 11.26 413.67 2.40 -0.42 11.17 410.24 Essex Cty 2.60 11.26 413.55 2.35 11.12 408.59 Mdsx Low 2.55 11.21 411.71 2.35 11.12 408.59 Mdsx High 2.60 11.26 413.55 2.40 11.17 410.43 Mdsx Average2.58 -0.25 11.23 412.63 2.38 -0.43 11.15 409.51 Hensall 2.63 11.29 414.78 2.43 11.20 411.65 Bruce 2.65 11.31 415.39 2.45 11.22 412.26 Putnam 2.60 11.26 413.55 2.40 11.17 410.43 Burford 2.62 11.28 414.29 2.42 11.19 411.16 Port Perry 2.57 11.23 412.45 2.37 11.14 409.32 Norfolk 2.60 11.26 413.55 2.40 11.17 410.43 Palmerston 2.59 11.25 413.18 2.42 11.19 411.16 Varna 2.65 11.31 415.39 2.45 11.22 412.26 Trenton 2.60 11.26 413.55 2.40 11.17 410.43 Winchester 2.65 11.31 415.39 2.40 11.17 410.43 North Gower 2.60 11.26 413.55 2.50 11.27 414.10 Vankleek Hil N/A 2.50 11.27 414.10 Huron FOB 2.72 11.38 417.96 2.45 11.22 412.26 Kent FOB 2.85 11.51 422.74 2.40 11.17 410.43 Lambton FOB 2.80 11.46 420.90 2.40 11.17 410.43 Mdsx FOB 2.74 2.80 N/A N/A 11.40 418.69 2.50 11.27 414.10 PROCESSORS Windsor 3.02 11.68 428.98 2.66 11.43 419.98 TRANSFER Hamilton 3.15 11.81 433.76 2.85 11.62 426.96 Prescott N/A 2.84 11.61 426.59 Port Colborn2.94 11.60 426.04 2.78 11.55 424.39 Toledo El. -0.11 8.55 314.09 -0.40 8.37 307.51 Exchange rate was 1.3367 down 0.0025 Chicago wheat closed narrowly mixed. JUL20 HI 5.09 1/4 SEP20 HI 5.15 LOW 5.02 1/2 LOW 5.08 1/2 CLOSE 5.06 1/4 Up 1 3/4 CLOSE 5.11 1/2 Up 3/4 Minni wheat closed slightly lower. JUL20 HI 5.28 SEP20 HI 5.40 1/4 LOW 5.18 3/4 LOW 5.31 1/4 CLOSE 5.19 1/2 Down 4 3/4 CLOSE 5.31 3/4 Down 4 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.84 2.04 1.84 1.15 CAD $/bu 6.90 7.10 6.90 6.34 CAD $/tonne 253.56 260.93 253.56 233.06 Direct MarkHarvest 2019 Harvest 2020 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 1.10 N/A London 1.72 1.92 1.45 N/A 1.27 1.47 1.07 N/A Hensall 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 1.45 1.90 1.50 1.55 1.20 1.50 1.10 1.20 Essex N/A N/A 1.50 N/A N/A N/A 1.05 N/A Norwich 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.25 N/A Kent Bridge 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A Chatham N/A N/A N/A N/A N/A N/A 1.10 N/A Brigden N/A N/A N/A N/A N/A N/A 1.10 N/A Palmerston N/A 1.83 1.49 1.56 N/A 1.51 1.10 1.06 Varna 1.70 1.90 1.50 N/A 1.20 1.50 1.10 N/A Mitchell 1.50 1.65 1.50 N/A 1.25 1.45 1.10 N/A Thornton N/A N/A N/A 1.39 N/A N/A N/A N/A North Gower N/A 1.75 1.55 0.90 N/A 1.50 1.25 1.00 W O Feed 1.86 TERMINAL Port Colbor N/A N/A 1.79 N/A N/A N/A 1.40 N/A PROCESSORS Toledo FM N/A N/A 1.70 N/A N/A N/A 1.66 N/A Toledo El. 5.06US 6.77CA 5.07US 6.77CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.39 1.72 1.39 1.12 CAD $/bu 6.50 6.84 6.50 6.44 CAD $/tonne 238.97 251.25 238.97 236.63 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 483.70 DDG's FOB Srn & Aylm 225.00